The 8 Steps of the Mortgage Process

Be prepared for every step of the mortgage process

Once you’ve applied for your loan and found the right home, our lending team will prepare your transaction for closing as smooth and timely as possible. Your loan officer will work with your through the following steps:

1. Pre-Application

• Review financial and personal goals

• Establish purchase price and estimated monthly payments

• Order and review credit report

• Discuss loan options

• Prepare for loan application

2. Locate your new home

• Confirm loan program and lock interest rate

3. Application

• Find House

• Order home inspection if desired

4. Processing

• Order Appraisal

• Order file with Title Company

• Verify Employment

5. Underwriting

• Underwriter evaluates documents

• Check over data consistency and integrity

6. Pre-Closing

• Satisfy final underwriting conditions

• Finalize Homeowners and flood insurance (If applicable)

• Disclose amount for the Cashier’s Check needed for closing

• Verify closing time and date with Title Company

7. Closing

• Review listed monthly payment

• See you at the closing table!

8. Post-Closing

• A wire or certified check will be sent to the title company in an amount equal to the loan

• Documentation of the title transfer are recorded with the County

• Move in, change your locks, and enjoy your new home!